Workable (software)
{{Short description|Cloud-based applicant tracking system}}
{{Use dmy dates|date=February 2023}}
{{Infobox company
| name = Workable Software
| logo = Workable logo.png
| industry = Software
| founded = {{Start date and age|2012}} in Athens, Greece
| founders = {{Unbulleted list|Nikos Moraitakis|Spyros Magiatis}}
| hq_location_city = Boston, Massachusetts
| hq_location_country = U.S.
| areas_served = Worldwide
| key_people = Nikos Moraitakis (CEO)
| website = {{URL|workable.com}}
}}
Workable Software is a software-as-a-service (SAAS) that provides applicant tracking system (ATS) and recruitment software to support and manage the hiring process.{{Cite web|url=https://www.nytimes.com/2014/03/25/business/international/with-start-ups-greeks-make-recovery-their-own-business.html|title=With Start-Ups, Greeks Make Recovery Their Own Business|first=Niki|last=Kitsantonis|date=24 March 2014|via=New York Times}}{{Cite web|url=https://time.com/30395/tech-start-ups-bloom-in-recession-hit-greece/|title=Tech Start-Ups Bloom in Recession-Hit Greece|website=Time}}
It was founded in Athens, Greece, but it is now based in Boston, Massachusetts.{{Cite web|url=https://www.cnbc.com/2015/12/10/8-greek-tech-start-ups-defying-the-odds.html|title=8 Greek innovators defying the odds|first=Lori|last=Ioannou|website=CNBC}}{{Cite web|url=https://www.bizjournals.com/boston/news/2018/11/20/recruitment-software-maker-workable-raises-50m.html|title=Recruitment software maker Workable raises $50M|website=Boston Business Journal}}
History
It was founded in 2012 in Athens, Greece, Nikos Moraitakis and Spyros Magiatis.{{Cite web|url=http://blogs.wsj.com/venturecapital/2015/09/30/workable-raises-27-million-to-help-small-businesses-compete-for-talent/|title=Workable Raises $27 Million to Help Small Businesses Compete for Talent|first=Lora|last=Kolodny|website=WSJ}}{{Cite web|url=https://techcrunch.com/2014/03/07/workable-raises-1-5m-from-greylock-il-to-build-cloud-based-recruitment-software-for-smes/|title=Workable Raises $1.5M From Greylock IL To Build Cloud-Based Recruitment Software For SMEs|first=Ingrid|last=Lunden|date=7 March 2014|website=TechCrunch}} It later moved its headquarters to London, England and Boston, Massachusetts in 2014.
In 2014, Workable received a $1.5 million investment from Greylock Israel to further develop its platform.{{Cite web|url=https://venturebeat.com/entrepreneur/recruiting-platform-workable-gets-1-5m-to-make-hiring-a-breeze/|title=Recruiting platform Workable gets $1.5M to make hiring a breeze|date=8 March 2014|website=VentureBeat}} Previously, it received an investment from Openfund in 2013.{{Cite web|url=https://thenextweb.com/news/fundable-workable-aims-to-make-it-easier-for-companies-to-hire-closes-600000-round|title=Workable Makes It Easier For Companies To Hire, Raises $780K|first=Robin|last=Wauters|date=4 March 2013|website=TNW}}{{Cite web|url=https://techcrunch.com/2015/02/26/hiring-saas-platform-workable-raises-another-5m/|title=Hiring SaaS Platform Workable Raises Another $5M|first=Mike|last=Butcher|date=26 February 2015}}
In 2015, Workable received an investment of $27 million in Series B funding from Balderton Capital and others.
In 2018, Zouk Capital invested $50 million in Workable.{{Cite web |last=Wauters |first=Robin |date=2018-11-20 |title=Greece-born recruiting software scale-up Workable lands $50 million round to spur growth |url=https://info.microkeeper.com.au/products/rostering-software |archive-url=https://archive.today/20250128144042/https://tech.eu/2018/11/20/workable-funding/ |archive-date=2025-01-28 |access-date=2025-01-28 |website= |language=en-GB}}
In 2020, Workable was included in the FT 1000 list.{{Cite web|url=https://www.ft.com/content/691390ca-53d9-11ea-90ad-25e377c0ee1f|title=FT 1000: the fourth annual list of Europe's fastest-growing companies|date=2 March 2020|website=Financial Times}}
Platform
Workable is a cloud-based recruitment platform for small and medium enterprises (SMEs).{{Cite web|url=https://www.ft.com/content/0b78b4bc-fd41-11e3-bc93-00144feab7de#axzz3Oug5QX24|title=Greek technology entrepreneurs win funds for start-ups}} Its software helps businesses automate their candidate sourcing and screening processes.{{Cite web|url=https://www.forbes.com/sites/tomtaulli/2014/05/13/workable-winning-with-the-talent-wars/?sh=4ac6752c4286|title=Workable: Winning With The Talent Wars|website=Forbes}} The software collects recruiting and personal data from online publications and, based on that, its predictive algorithms recommend candidates for a particular position. The software can also schedule interviews and send follow-up emails. It uses a pay-as-you-go model for smaller companies.[https://scouttalenthq.com/ Recruitment Platform]
Reception
Workable was reviewed by Juan Martinez and Gadjo Sevilla of PCMag in 2019 and wrote positively about the software.{{Cite web|url=https://www.pcmag.com/reviews/workable|title=Workable Review|website=PCMag}} Similarly, its platform was reviewed by TechRadar in 2022.{{Cite web|url=https://www.techradar.com/reviews/workable|title=Workable hiring service review|first=Mike |last=Jennings |date=21 February 2022|website=TechRadar}}